Elemental Royalty Corporation (TSX:ELE)
22.65
+0.38 (1.71%)
Jul 10, 2026, 4:00 PM EST
Elemental Royalty Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, Elemental Royalty stock has a consensus rating of "Strong Buy" and an average price target of $35.00. The average 1-year stock price forecast is 54.53% higher than the current stock price, while the lowest is $33.00 (+45.70%) and the highest is $37.00 (+63.36%).
Price Target: $35.00 (+54.53%)
Analyst Consensus: Strong Buy
* Price targets were last updated on May 14, 2026.
Analyst Ratings
The average analyst rating for Elemental Royalty stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| H.C. Wainwright | H.C. Wainwright | Buy Reiterates $46.18 | Buy | Reiterates | $46.18 | +103.90% | May 14, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $37.00 → $38.00 | Buy | Maintains | $37.00 → $38.00 | +67.77% | Mar 26, 2026 |
| Raymond James | Raymond James | Buy Maintains $29.00 → $32.00 | Buy | Maintains | $29.00 → $32.00 | +41.28% | Jan 14, 2026 |
Financial Forecast
Revenue This Year
98.63M
from 43.64M
Increased by 126.00%
Revenue Next Year
111.70M
from 98.63M
Increased by 13.25%
EPS This Year
0.49
from 0.16
Increased by 196.76%
EPS Next Year
0.78
from 0.49
Increased by 59.92%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 105.0M | ||
| Avg | 98.6M | ||
| Low | 94.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 140.6% | ||
| Avg | 126.0% | ||
| Low | 115.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.64 | ||
| Avg | 0.49 | ||
| Low | 0.35 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 290.8% | ||
| Avg | 196.8% | ||
| Low | 112.4% |